Legacy Hotels & Resorts International Confirms Folio Hotels Interest
Posted on: December 5th, 2008 Posted by Sharon Miller
Legacy Hotels & Resorts International confirmed their interest in a takeover of a number of Folio Hotels properties, following the collapse of the group into administration. Folio Hotels, which is based in the United Kingdom and was set up in 2004, called in administrators due to a sharp drop in trading, blaming a costly [...]
Best Western Sets Plan for Expanding Japanese Portfolio
Posted on: December 4th, 2008 Posted by Tiffany Phillips
Best Western International, an hotel brand known very well around the world, has signed a deal with the Japanese Kachikaihatsu Co. Ltd., which is engaged in the real estate business, in order to develop their portfolio of hotels in the country. The real estate that Kachikaihatsu engages in includes: leasing, trading, operations, investigation, [...]
W Hotels Partners with (RED)WIRE
Posted on: December 3rd, 2008 Posted by Abi Bray
W Hotels will be officially partnering with (RED)WIRE, a new online music magazine. (RED)WIRE is helping to purchase lifesaving medicine, along with other services, for people who have to live with AIDS and HIV in Africa. They are contributing part of the proceeds from the Global Fund memberships. The Global Fund is [...]
Starwood Hotels & Resorts Announces Le Méridien Shimei Bay Beach Resort & Spa
Posted on: December 2nd, 2008 Posted by Stewart Perry
Starwood Hotels & Resorts has announced that the Le Méridien Shimei Bay Beach Resort & Spa will be opening soon. This resort and spa is the first 5-star resort to open on Hainan Island in Wanning City. The property consists of a more than 3-mile long pristine beach with panoramic views overlooking the [...]
InterContinental Hotels Group Signs Deal with Seba Properties
Posted on: December 1st, 2008 Posted by Helen Young
InterContinental Hotels Group has signed a deal with Seba Properties, which is based in Abu Dhabi, for developing the InterContinental Fujairah Resort, which will be a beach front property located in one of the most attractive destinations in the United Arab Emirates.
The hotel, which will have 291 rooms, is going to be the first beach [...]